The headquarters of KBM Oil Field Company is in the city of Aktau, Kazakhstan. With the total area of its oil field contract block spanning 160 km2, it is the eighth-largest oil field in Kazakhstan.
KBM Oilfield Profile: At the end of 2006, CITIC Group acquired 100% equity interest in KBM Oilfield. In April 2007, CITIC Group transferred 50% equity interest in the KBM project to CITIC Resources and the remaining 50% to KazMunayGas (referred to as "KMG"), the national oil company of Kazakhstan. Comprising an oil company and three oilfield service companies, KBM produces mainly crude oil, deasphalted oil, and road asphalt.
CASPI BITUM JV LLP Profile: CITIC Resources also holds a 50% equity interest in the Caspian Asphalt Plant. The plant processes approximately 1 million tons of crude oil annually, producing 350,000 to 450,000 tons of road asphalt. In 2021, CITIC Resources and KMG signed a package agreement under which the latter acquired 100% equity interest in the asphalt plant.
Yuedong oilfield is at about 40 kilometers south of Panjin City, Liaoning Province, in Bohai Bay's Liaodong Bay. It operates four artificial island platforms, 40 kilometers of subsea pipelines and cables, an onshore terminal processing station, and a substation.
Profile：Registered in Hong Kong January 15, 2003, Tincy Group Energy Resources Limited ("Tincy") signed the 30-year "Oil Development Contract for the Hainan-Yue Dong Block in the Bohai Bay Basin of the People's Republic of China" with China National Petroleum Corporation on February 24, 2004. In October 2007, CITIC Resources acquired 90% of the equity interest in Hong Kong-based Tincy. The oil field began full-scale production in 2014.
Headquartered in Jakarta, Seram Oilfiled is on Seram Island in the northeastern part of Indonesia.
Profile：In November 2006, CSEL, a wholly-owned subsidiary of CITIC Resources, acquired 51% interest in the PSC contract for the Seram Non-Bula Block in Indonesia and became the operator. In February 2018, at government recommendation, CSEL transferred 10% of its interest to GHJ Company (a local Indonesian company). CITIC Resources currently holds 41% interest in the Seram Oilfield. In the same year, the project had its production permit extended by 20 years to October 31, 2039.